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RBOS/Virgin One


Ripley
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I am about to submit an N1 to reclaim charges from a Virgin One account, administered by RBOS. A V1 account is like a combined mortgage and current account, and none of the charges is for an unauthorised over draft - they are all simply for unpaid items. Am I likely to get stayed, and how can I reduce the chance of this in advance?

I plan to use MCOL, its worked for me before, but does anyone have any info on the courts used - Northampton, and then a transfer to Bow if it comes to it?

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  • 7 months later...

Hi Ripley,

 

Yes unfortunately it will be stayed as you said yourself unpaid charges which amount to the same as bank charges. You correctly said it is a joint current and mortgage, but in reality it is one HUGE overdraft....

 

Usual claim proceedures should be applied and I assume you know those as you stated you have done this before so you should be ok with that.

 

As for reducing the chance of being stayed...there is not one...

 

Penfold

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